Producer Price Index (YoY)

The Producer Price Index released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

Most recent - Thursday 12 December 2024 13:30

Previous
2.6%
Revised
2.6%
Forecast
2.6%
Actual
3%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 16 January 2025 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Producer Price Index (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Producer Price Index (YoY) was 3% against a forecast of 2.6%.

Past events

Date
Forecast
Actual
Thursday 12 December 2024 13:30
2.6%
3%
Thursday 14 November 2024 13:30
2.3%
2.4%
Friday 11 October 2024 12:30
1.6%
1.8%
Thursday 12 September 2024 12:30
1.8%
1.7%
Tuesday 13 August 2024 12:30
2.3%
2.2%
Friday 12 July 2024 12:30
2.3%
2.6%
Thursday 13 June 2024 12:30
2.5%
2.2%
Tuesday 14 May 2024 12:30
2.2%
2.2%
Thursday 11 April 2024 12:30
2.2%
2.1%
Thursday 14 March 2024 12:30
1.1%
1.6%
Friday 16 February 2024 13:30
0.6%
0.9%
Friday 12 January 2024 13:30
1.3%
1%
Wednesday 13 December 2023 13:30
1%
0.9%
Wednesday 15 November 2023 13:30
1.9%
1.3%
Wednesday 11 October 2023 12:30
1.6%
2.2%
Thursday 14 September 2023 12:30
1.2%
1.6%
Friday 11 August 2023 12:30
0.7%
0.8%
Thursday 13 July 2023 12:30
0.4%
0.1%
Wednesday 14 June 2023 12:30
1.5%
1.1%
Thursday 11 May 2023 12:30
2.4%
2.3%
Thursday 13 April 2023 12:30
3%
2.7%
Wednesday 15 March 2023 12:30
5.4%
4.6%
Thursday 16 February 2023 13:30
5.4%
6%
Wednesday 18 January 2023 13:30
6.8%
6.2%
Friday 9 December 2022 13:30
7.4%
7.4%
Tuesday 15 November 2022 13:30
8.3%
8%
Wednesday 12 October 2022 12:30
8.4%
8.5%
Wednesday 14 September 2022 12:30
8.8%
8.7%
Thursday 11 August 2022 12:30
10.4%
9.8%
Thursday 14 July 2022 12:30
10.7%
11.3%
Tuesday 14 June 2022 12:30
10.9%
10.8%
Thursday 12 May 2022 12:30
10.7%
11%
Wednesday 13 April 2022 12:30
10.6%
11.2%
Tuesday 15 March 2022 12:30
10%
10%
Tuesday 15 February 2022 13:30
9.1%
9.7%
Thursday 13 January 2022 13:30
9.8%
9.7%

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:

PreviousLatest
Michigan Consumer Sentiment Index(no change)7474
UoM 5-year Consumer Inflation ExpectationBearish change3.1%3%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.2%0.1%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.3%2.4%
Personal Income (MoM)Bearish change0.7%0.3%
Personal SpendingBullish change0.3%0.4%
Existing Home Sales Change (MoM)Bullish change3.4%4.8%
Initial Jobless ClaimsBullish change242K220K
Philadelphia Fed Manufacturing SurveyBearish change-5.5-16.4
Core Personal Consumption Expenditures (QoQ)Bullish change2.1%2.2%
Gross Domestic Product AnnualizedBullish change2.8%3.1%
Gross Domestic Product Price Index(no change)1.9%1.9%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Fed Interest Rate DecisionBearish change4.75%4.5%
Interest Rate Projections - 1st yearBullish change3.4%3.9%
Interest Rate Projections - 2nd yearBullish change2.9%3.4%
Interest Rate Projections - 3rd yearBullish change2.9%3.1%
Interest Rate Projections - Current(no change)4.4%4.4%
Interest Rate Projections - LongerBullish change2.9%3%
Building Permits (MoM)Bullish change1.419M1.505M
Housing Starts (MoM)Bearish change1.312M1.289M
Industrial Production (MoM)Bullish change-0.4%-0.1%
Retail Sales (MoM)Bullish change0.5%0.7%
Retail Sales Control GroupBullish change-0.1%0.4%
Retail Sales ex Autos (MoM)(no change)0.2%0.2%
S&P Global Composite PMIBullish change54.956.6
S&P Global Manufacturing PMIBearish change49.748.3
S&P Global Services PMIBullish change56.158.5
NY Empire State Manufacturing IndexBearish change31.20.2
Initial Jobless ClaimsBearish change225K242K
Producer Price Index (MoM)Bullish change0.3%0.4%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index ex Food & Energy (YoY)Bullish change3.1%3.4%
Monthly Budget StatementBearish change$-257B$-367B
Consumer Price Index (MoM)Bullish change0.2%0.3%
Consumer Price Index (YoY)Bullish change2.6%2.7%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.3%3.3%
Nonfarm Productivity(no change)2.2%2.2%
Unit Labor CostsBearish change1.9%0.8%

About Producer Price Index (YoY)

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Inflation
Frequency:Monthly

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